REY 0.00% 3.6¢ rey resources limited

bhp ponders canning shale gas push, page-2

  1. 314 Posts.
    lightbulb Created with Sketch. 1
    Does anyone knows if exporting Oil and Gas could be done from the Port facilities that REY has? That was one of the concern of BHP.

    "We have looked at every basin there (in Australia) in great detail," Mr Yeager said. "What we are trying to figure out (is) if we got a bunch more gas there in the Canning Basin, something in the shale there, it looks like we have to get it out of the country in order to make it work, so you have got that kind of economics. In the Canning Basin there are some things there that look pretty good but the transportation . . . is a long, long way away."
 
watchlist Created with Sketch. Add REY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.